Agree.
Bunn is on drugs if he thinks the weak spot for AW1 is the size/quality of the resource. I don't see an advanced explorer who is its peer.
The challenges have always been Storm's relative remoteness and associated costs of doing business in a remote location.
Step by step AW1 is overcoming those challenges - beneficiation is the next piece to ensure cut of grades can be low while economic (beneficiation is the next major piece of that puzzle). MRE size will increase with plenty of upside to follow.
No doubt there are plans to reduce transport costs further and enabling year-round work.
If they can maintain a reasonable degree of discipline and professionalism, AW1 has a bright future.
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0.135 | 578182 | 6 |
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